Wednesday 22 September 2021

Costa Rica Woke Up More Expensive This Morning

Paying the bills

Latest

Carlos Alvarado denounces violations of the Daniel Ortega regime to the UN

QCOSTARICA - In New York, Costa Rica President Carlos...

High Number of European Tourists Traveling to Costa Rica in Spite of the Pandemic

QCOSTARICA - A total of 21,969 tourists from European...

Costa Rica second last in economic recovery in the region

QCOSTARICA - The Central American region experiences very different...

TOP-5 real estate communities for a family life

Despite the fact that COVID-19 is slowing down the...

Today’s Vehicle Restriction September 22: Plates ending in “5 & 6” CANNOT circulate

QCOSTARICA - For today, Wednesday, September 22, vehicles with...

Group charged migrants US$22K to get them to the United States.

QCOSTARICA - A Costa Rican-Panamanian criminal structure charged migrants...

Laura Chinchilla calls to avoid a dynastic dictatorship in Nicaragua

QCOSTARICA - Former President of Costa Rica, Laura Chinchilla,...
Paying the bills

Share

Long lines were typical at gasoline stations across the Central Valley and the country
Long lines were typical at gasoline stations across the Central Valley and the country last night, ahead of a major increase in fuel prices that took effect at the stroke of midnight.

Hikes in Gasoline, Tolls and Electricity took effect This morning, Friday July 1.

The lines were long at many gasoline stations Thursday night, filling up ahead of the ¢84 colones increase in the price of a litre of super gasoline, ¢77 for regular (or plus) and ¢71 for diesel.

- Advertisement -

The price for a litre of gasoline this morning is ¢602 for super, ¢575 for regular and ¢451 for diesel.

This increase wiped out the “historic” drop in prices last march, when gasoline prices took a nose dive. Many drivers interviewed last night questioned the increase, given that the price of oil on international markets remains low and with no major increases.

On the road, the tolls on the Ruta 27 (San Jose – Caldera), save for the Escazu tolls that remains at ¢330 for light passenger vehicles and motorcycles, increased from ¢10 to ¢50 colones.

Globalvia, the road concessionaire, said the adjustment is to reflect the recent changes in the dollar exchange.

Electricity also went up today. Electrical rates (tarifas luz in Spanish) jumped 5.49% for customers of the Instituto Costarricense de Electricidad (ICE), while customers of the Compañía Nacional de Fuerza y Luz (CNFL) – an ICE subsidiary – will be paying 4.45% more. Five other utilities also increased their rates this morning, all minor compared to ICE and the CNFL, while Coopesantso made a reduction.

The increase is being blamed on higher demand for electrical power. According to the Índice Mensual de Actividad Económica (IMAE), demand for the period of February to April 2015 was 2.218 GWh, while in the same period in 2016 the demand was 2.366 GWh.

- Advertisement -

According to the Aresep, the regulating authority, the rate hike was due to an increase in spending by ICE in the purchase of bunker and diesel fuel to power generators to meet the increased demand.

- Advertisement -
Paying the bills
Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Fuels are cheaper starting today, Sept 1

QCOSTARICA - September kicks off with good news, lower fuel prices. Today,...

Another blow to the consumer: fuels more expensive this Thursday, July 29

QCOSTARICA - From the early hours of this Thursday, the increase...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.